US STOCKS-Dow, S&P 500 end at records after U.S. data, Intel outlook

jueves 20 de noviembre de 2014 17:43 GYT
 

* Intel shares up after upbeat outlook

* U.S. data show further evidence of economic growth

* Best Buy gains after earnings

* Indexes: Dow up 0.2 pct, S&P up 0.2 pct, Nasdaq up 0.6 pct (Updates to close)

By Caroline Valetkevitch

NEW YORK, Nov 20 (Reuters) - The Dow and S&P 500 finished at record highs on Thursday as data showed further strength in the U.S. economy and Intel gave an upbeat forecast.

Tech shares gave the market its biggest lift, along with energy. Boosting all three major indexes, Intel shares jumped 4.7 percent to $35.95, hitting their highest level since January 2002, after its 2015 revenue outlook was above Wall Street's expectations and the company raised its dividend.

The S&P technology index rose 0.6 percent, while the energy index gained 1.1 percent.

Further supporting stocks, data showed factory activity in the U.S. mid-Atlantic region grew at its fastest pace in two decades, U.S. home resales jumped to their highest in more than a year in October, and a gauge of future U.S. economic activity gained.   Continuación...